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The latest news on the economy, jobs market, U.S. trade and housing, including the latest news and analysis on the Federal Reserve and Central Banking. Read Jobs on The Wall Street...
Hiring Blew Past Expectations With 256,000 Jobs Added in …
The U.S. economy added 256,000 jobs in December and the unemployment rate edged down to 4.1%, the Labor Department said Friday. Last month’s gain in nonfarm payrolls was the biggest since March...
White-Collar Workers Facing Job Market with Fewer Jobs, Longer ...
As of November, more than seven million Americans were unemployed, meaning they didn’t have work and were trying to find it. More than 1.6 million of those jobless workers had been job hunting...
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Wall Street Job Losses May Top 200,000 as AI Replaces Roles
Jan 9, 2025 · (Bloomberg) -- Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to ...
Stock market today: Wall Street recoils after good news on the …
Jan 10, 2025 · U.S. stocks dropped on worries that good news on the job market may prove to be bad for Wall Street by keeping inflation and interest rates high.